INDIAN GOVERNMENT TO BRING IN MORE FDI IN DEFENCE MANUFACTURING

Highlights

• Finance Minister Nirmala Sitharaman said the foreign direct investment in India’s defence manufacturing will be increased to 74 percent from previous 49 percent

• The Government of India will work towards improving autonomy, efficiency and accountability of the Ordinance Factory Board (OFB)

On the fourth day of relief announcements regarding the economic package worth Rs 20 lakh crore ....

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Tags : Indian Defence sector, Nirmala Sitharaman, FDI, OFB, weapons factory,

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INDIAN GOVERNMENT TO BRING IN MORE FDI IN DEFENCE MANUFACTURING

Published On 16 May 2020 01:01 PM

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